Mobavenue AI Tech Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Mobavenue AI Tech Ltd trades at ₹307, in a confirmed uptrend and 141 weeks into that stage. That is +25.2% against its own 200-day average. It sits at 7% of a 52-week range of ₹223 to ₹1,474. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks.

Today the stock is in a confirmed uptrend — week 141 of stage 2, confirmed. At ₹307 it trades +25.2% versus its 200-day average and sits at 7% of its 52-week range (₹223–₹1,474).

Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +2,769% while the NIFTY 500 moved +272% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 6 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 21st percentile of its own range.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Mobavenue AI Tech Ltd trades at 79.3× P/E, near the bottom of its own range — cheaper only 21% of the time. Its long-run median P/E is 98.2×, measured across 1.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 79.3× is near the bottom of its own range — cheaper only 21% of the time, against a long-run median of 98.2× measured over 1.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.

Why the multiple sits where it does: over the past year annual EPS moved +3,700.0% against a −72.9% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Mobavenue AI Tech Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 4 quarters across 1 curve, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

4-Factor Sector Score

61.0/100 — rank 2 of 7 in Computer Education · 72% evidence confidence

Mobavenue AI Tech Ltd scores 61.0 out of 100 against the 7 companies it is compared with in Computer Education, ranking 2. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 23.5 + 17.6 + 10 + 9.9 = 61. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Mobavenue AI Tech Ltd reported ₹62.6 Cr of revenue in the Mar 26 quarter, +1,285.4% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 84.0% a year. The last full year, FY26, came in at ₹218 Cr. The last four reported quarters add to ₹218 Cr.

Mobavenue AI Tech Ltd reported ₹62.6 Cr of revenue in the Mar 26 quarter, +1,285.4% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 84.0% a year. The last full year, FY26, came in at ₹218 Cr. The last four reported quarters add to ₹218 Cr.

FY26 revenue came in at ₹218 Cr (+4,260.0% on the year), capping 10 years at 84.0% compound. The latest quarter (Mar 26) printed ₹62.6 Cr, +1,285.4% year on year — the 3rd consecutive quarter of year-over-year growth.

Pace check: the last four quarters averaged +597.7% growth against the decade's 84.0% — the current year is running faster than its own long-run rate.

→ Revenue grew — did margins hold as it scaled? Next: 21.3% this quarter (−5.0 pp YoY).

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Mobavenue AI Tech Ltd's operating margin is 21.3% in the Mar 26 quarter, −5.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 11 fiscal years the operating margin has ranged −328.6% to 21.0%. The current quarter is running above every full year in that window.

Mobavenue AI Tech Ltd's operating margin is 21.3% in the Mar 26 quarter, −5.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 11 fiscal years the operating margin has ranged −328.6% to 21.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 21.3%, −5.0 pp against the same quarter a year ago. Across 11 fiscal years the operating margin has ranged −328.6%–21.0%, and FY26's 21.0% is the top of that band — a record year.

🚨 Why the margin moved: operating margin went −5.0 pp year on year while gross margin went +0.0 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

→ Margins slipped — did that reach the bottom line? Next: profit +752.5% in the latest quarter.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Mobavenue AI Tech Ltd earned ₹8.4 Cr of net profit in the Mar 26 quarter, +752.5% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹29.0 Cr. That is 13.5% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr. 5 of the last 12 reported quarters were loss-making.

Mobavenue AI Tech Ltd earned ₹8.4 Cr of net profit in the Mar 26 quarter, +752.5% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹29.0 Cr. That is 13.5% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr. 5 of the last 12 reported quarters were loss-making.

Mar 26 profit was ₹8.4 Cr, +752.5% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹29.0 Cr (+2,800.0%).

Why profit moved: revenue contributed +1,285.4% and the margin −5.0 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit +652.2% vs revenue +597.7%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 110% of the last 3 years' profit arrived as cash.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 110% of Mobavenue AI Tech Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹35.0 Cr of operating cash against ₹29.0 Cr of profit. After ₹18.0 Cr of capital spending, ₹17.0 Cr was left as free cash.

FY26: operating cash of ₹35.0 Cr against reported profit of ₹29.0 Cr, leaving free cash of ₹17.0 Cr after ₹18.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 110% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Why conversion sits at 110%: the cash cycle tightened 266 days between FY19 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.

Router verdict: the bigger cash user is investment — capital spending ran 9.0× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹18.0 Cr of building over 3 years.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Mobavenue AI Tech Ltd's cash conversion cycle runs 99 days in FY26, down from 365 days in FY19. Capital spending ran ₹18.0 Cr over the last 3 years. At FY26 sales of ₹218 Cr each day of that cycle holds about ₹0.6 Cr, so roughly ₹59.0 Cr sits inside the business at any moment.

FY26: debtors at 99 days (an asset-light business — no inventory to speak of) — for a full cycle of 99 days, tighter than FY19's 365.

In money terms: at FY26 sales of ₹218 Cr, each day of the cycle holds about ₹0.6 Cr — so the 99-day loop keeps roughly ₹59.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹18.0 Cr over the last 3 fiscal years against ₹2.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 76%.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Mobavenue AI Tech Ltd earns a ROCE of 76% in FY26. That is up from a trough of −1% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 13.3% net margin on 1.06× asset turns.

FY26 ROCE is 76%, recovered from a FY24 trough of −1% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 13.3% net margin × 1.06× asset turns × 2.28× balance-sheet leverage ≈ 32.1% on equity. Margin does its share; leverage is a meaningful part of the equation.

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.14.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Mobavenue AI Tech Ltd carries ₹13.0 Cr of borrowings against ₹90.0 Cr of equity in FY26, a debt-to-equity of 0.14. Operating profit covers the interest bill 11×. Over 5 years borrowings went from ₹3.5 Cr to ₹13.0 Cr. Capital spending ran ₹18.0 Cr across the last 3 of those years.

FY26: borrowings of ₹13.0 Cr against equity of ₹90.0 Cr — a debt-to-equity of 0.14. Operating profit covers the interest bill 11×. Over 5 years borrowings went from ₹3.5 Cr to ₹13.0 Cr while capital spending ran ₹18.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

→ Who owns this, and are they adding or leaving? Next: Promoters added 65.6 points over 8 quarters.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters added 65.6 points of Mobavenue AI Tech Ltd over 8 quarters, the biggest move on the register. That takes promoters to 65.6% of the company. Domestic institutions moved +0.0 points over the same window, to 0.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +65.6 points over 8 quarters to 65.6%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.

Why the register moved: promoters drove it (+65.6 points) — steady accumulation by institutions reading the same numbers this page reads.

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Mobavenue AI Tech Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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